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Schatz

Operating status: SCAM

Website: https://www.schatzmarkets.com/

Broker violations and abnormal records
  • Jul 12, 2022 BrokersView has Reviewed that Schatz is an Unregulated Forex Broker

    Schatz claims to be incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 300 LLC 2020. However, we did not find any match results to the company name or the registration number in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, please be informed that SVG FSA is not a regulatory authority that issues licenses for forex trading or regulates entities offering forex activities. The truth is that Schatz is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Schatz claims to be incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 300 LLC 2020. However, we did not find any match results to the company name or the registration number in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, please be informed that SVG FSA is not a regulatory authority that issues licenses for forex trading or regulates entities offering forex activities. The truth is that Schatz is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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